What did Kashkari say about cryptocurrency?
As a financial practitioner, I'm particularly interested in understanding the viewpoints of influential figures in the field. Recently, I've been curious about what Neel Kashkari, the President of the Federal Reserve Bank of Minneapolis, has said about cryptocurrency. Could you elaborate on his stance? Does he view it as a threat to the traditional financial system, or does he believe it offers opportunities? His perspectives, given his role and position in the central banking system, are surely insightful and deserve closer examination.
What is Kashkari's primary use case for bitcoin?
Given the current context, I'm curious to delve deeper into the potential applications of Bitcoin as envisioned by Kashkari. Could you elaborate on his primary use case for the cryptocurrency? Does he see it primarily as a means of payment, a store of value, or perhaps a tool for financial inclusion in underserved communities? I'm interested in understanding his perspective on how bitcoin could potentially transform the financial landscape, and how he views its role in the future of finance.